Capital Investment Counsel, LLC
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 12, 2024), Capital Investment Counsel, LLC reported 125 stock positions worth $577.7 million. Its top holding was Broadcom (AVGO) at 3.1% of the portfolio, followed by Apple (AAPL, 3.0%) and Microsoft (MSFT, 2.9%). Compared with Q2 2024, it opened 6 new positions, sold out of 11, added to 74 and reduced 36. The biggest buy was Invesco Bulletshares 2029 CB (BSCT, shares +190%) and the biggest sale Schwab US Small-Cap ETF (SCHA, shares −95%).
- Most Recent 13F
- Q2 2026
- Location
- DENVER, CO
- CIK
- 0002033609
- Portfolio Value
- $577.7M (Q3 2024)
- SEC Filing
- 0001221073-24-000100 ↗ filed Nov 12, 2024
Holdings Value
Holdings 125 stocks · $577.7M
| AVGO Broadcom Inc. | 3.12% | 104,587 | $18.0M | Reduce -3.8% |
| AAPL Apple Inc. | 2.97% | 73,567 | $17.1M | Add +1.7% |
| MSFT Microsoft Corp. | 2.86% | 38,334 | $16.5M | Add +0.6% |
| BSCV Invesco Bulletshares 2031 CB | 2.32% | 805,406 | $13.4M | Add +166.0% |
| BSCT Invesco Bulletshares 2029 CB | 2.24% | 686,832 | $12.9M | Add +189.8% |
| COST Costco Wholesale Corp. | 2.20% | 14,365 | $12.7M | Add +1.8% |
| IJH iShares Core S&P Midcap ETF | 2.20% | 203,804 | $12.7M | Add +1.8% |
| TAP Molson Coors Beverage Co. Class B | 2.14% | 214,793 | $12.4M | No change |
| ARES Ares Management Corp. Class A | 1.90% | 70,572 | $11.0M | Add +1.2% |
| CVX Chevron Corp. | 1.90% | 74,508 | $11.0M | Add +4.5% |
| GOOGL Alphabet Inc. Class A | 1.89% | 65,763 | $10.9M | Add +2.9% |
| TRI Thomson Reuters Corp. | 1.83% | 61,922 | $10.6M | Reduce -0.9% |
| SOXX iShares Semiconductor ETF | 1.82% | 45,508 | $10.5M | Reduce -0.1% |
| ABBV Abbvie Inc. | 1.79% | 52,471 | $10.4M | Add +1.7% |
| QQQ Invesco QQQ Trust Series 1 | 1.72% | 20,325 | $9.9M | Add +6.7% |
| PWB Invesco Large Cap Growth ETF | 1.69% | 99,106 | $9.8M | Add +1.9% |
| NOC Northrop Grumman Corp. | 1.58% | 17,332 | $9.2M | Add +0.8% |
| CAT Caterpillar Inc. | 1.56% | 22,984 | $9.0M | Add +1.2% |
| SCHF Schwab Intl Equity ETF | 1.53% | 215,427 | $8.9M | Reduce -1.7% |
| DHI D.R. Horton Inc. | 1.48% | 44,896 | $8.6M | Add +2.3% |
| WMT Walmart Inc. | 1.43% | 102,650 | $8.3M | Reduce -0.2% |
| UNH Unitedhealth Group Inc. | 1.43% | 14,151 | $8.3M | Add +7.4% |
| JPM JPMorgan Chase & Co. | 1.37% | 37,417 | $7.9M | Add +1.8% |
| PEY Invesco High Yield Equity Di | 1.35% | 356,629 | $7.8M | Add +2.1% |
| LAMR Lamar Advertising Co. Class A | 1.34% | 58,038 | $7.8M | Add +2.0% |
| SDVY First Trust Smid Cap Rising | 1.33% | 211,513 | $7.7M | New |
| AMZN Amazon.com Inc. | 1.32% | 41,037 | $7.6M | Add +4.7% |
| DLR Digital Realty Trust Inc. | 1.30% | 46,374 | $7.5M | Add +1.8% |
| XOM Exxon Mobil Corp. | 1.26% | 62,090 | $7.3M | Add +3.8% |
| IQLT iShares MSCI International Q | 1.25% | 174,053 | $7.2M | Add +13.9% |
| HD Home Depot Inc. | 1.25% | 17,802 | $7.2M | Add +3.3% |
| DGRO iShares Core Dividend Growth | 1.24% | 113,870 | $7.1M | Add +3.6% |
| HYDB iShares High Yield Systemati | 1.19% | 142,724 | $6.9M | Add +217.2% |
| ROP Roper Technologies Inc. | 1.19% | 12,314 | $6.9M | Add +7.1% |
| GIS General Mills Inc. | 1.17% | 91,473 | $6.8M | Add +3.4% |
| DE Deere & Co. | 1.15% | 15,945 | $6.7M | Add +4.2% |
| IGSB iShares 1-5Y Inv Grade Corp. | 1.15% | 126,057 | $6.6M | Reduce -21.3% |
| DON Wisdomtree US Midcap Dividen | 1.14% | 129,181 | $6.6M | Add +3.4% |
| SO The Southern Co. | 1.14% | 73,101 | $6.6M | Add +0.0% |
| MA Mastercard Inc. Class A | 1.12% | 13,144 | $6.5M | Add +4.8% |
| FTSL First Trust Senior Loan ETF | 1.12% | 140,405 | $6.4M | Add +593.0% |
| UNP Union Pacific Corp. | 1.10% | 25,870 | $6.4M | Add +0.5% |
| VPL Vanguard Ftse Pacific ETF | 1.10% | 81,233 | $6.4M | Add +2.6% |
| MRK Merck & Co. Inc. | 1.07% | 54,650 | $6.2M | Add +2.8% |
| ACN Accenture PLC Class A | 1.07% | 17,516 | $6.2M | Add +8.7% |
| TXN Texas Instruments Inc. | 1.06% | 29,603 | $6.1M | Add +0.8% |
| PEG Public Service Enterprise GP | 1.05% | 67,948 | $6.1M | Add +46.6% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 1.05% | 27,391 | $6.1M | Add +11.7% |
| VTI VG Morningstar TS MKT ETF-US | 1.03% | 21,035 | $6.0M | Add +26.0% |
| AMGN Amgen Inc. | 1.01% | 18,187 | $5.9M | Add +3.5% |
| PEP Pepsico Inc. | 1.00% | 34,082 | $5.8M | Add +3.1% |
| ORLY O'reilly Automotive Inc. | 0.96% | 4,801 | $5.5M | Add +4.9% |
| SPGI S&P Global Inc. | 0.95% | 10,572 | $5.5M | Add +1.7% |
| WAT Waters Corp. | 0.94% | 15,088 | $5.4M | Add +3.4% |
| ING ING Groep N.V.-Sponsored ADR | 0.92% | 291,504 | $5.3M | Add +23.3% |
| EMR Emerson Electric Co. | 0.91% | 48,271 | $5.3M | Add +4.8% |
| EOG EOG Resources Inc. | 0.91% | 42,678 | $5.2M | Add +9.3% |
| UL Unilever PLC | 0.87% | 77,563 | $5.0M | Reduce -1.4% |
| PAYX Paychex Inc. | 0.85% | 36,503 | $4.9M | Reduce -1.8% |
| SDOG Alps Sector Dividend Dogs | 0.85% | 82,823 | $4.9M | Reduce -8.5% |
| FNF Fidelity National Financial | 0.82% | 76,793 | $4.8M | Add +0.7% |
| GILD Gilead Sciences Inc. | 0.81% | 56,071 | $4.7M | Add +3.2% |
| SNY Sanofi-ADR | 0.66% | 66,487 | $3.8M | Add +5.5% |
| XLK SS Technology Select Sector | 0.65% | 16,608 | $3.7M | Add +28.8% |
| GOVT iShares US Treasury Bond ETF | 0.64% | 158,598 | $3.7M | Reduce -17.4% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.63% | 7,952 | $3.7M | Add +0.5% |
| OEF iShares S&P 100 ETF | 0.62% | 12,949 | $3.6M | Add +252.8% |
| VGSH Vanguard Short-Term Treasury | 0.59% | 58,127 | $3.4M | Reduce -7.2% |
| IEFA iShares Core MSCI Eafe ETF | 0.55% | 40,953 | $3.2M | Add +16.9% |
| SCHD Schwab US DVD Equity ETF | 0.53% | 36,135 | $3.1M | Reduce -6.5% |
| LLY Eli Lilly & Co. | 0.45% | 2,936 | $2.6M | Add +0.8% |
| IWP iShares Russell Mid-Cap Grow | 0.41% | 20,224 | $2.4M | Add +67.8% |
| IEI iShares 3-7 Year Treasury Bo | 0.41% | 19,702 | $2.4M | Reduce -8.5% |
| ETN Eaton Corp. PLC | 0.38% | 6,579 | $2.2M | Add +0.3% |
| LMT Lockheed Martin Corp. | 0.37% | 3,685 | $2.2M | Add +4.4% |
| IVV iShares Core S&P 500 ETF | 0.37% | 3,718 | $2.1M | Reduce -30.6% |
| SPMB SS SPDR P Mort Back Bond ETF | 0.31% | 80,647 | $1.8M | Reduce -48.4% |
| XLI SS Industrial Select Sector | 0.28% | 11,967 | $1.6M | Add +30.3% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.27% | 2,751 | $1.6M | No change |
| XLF SS Financial Select Sector | 0.27% | 34,690 | $1.6M | Add +27.8% |
| IGIB iShares 5-10Y Inv Grade Corp. | 0.22% | 24,110 | $1.3M | Add +61.8% |
| FTSM First Trust Enh Short Mat FD | 0.22% | 20,754 | $1.2M | Reduce -45.2% |
| SUSA iShares ESG Optimized MSCI U | 0.20% | 9,560 | $1.2M | No change |
| VOO Vanguard S&P 500 ETF | 0.20% | 2,178 | $1.1M | Reduce -52.2% |
| NVDA Nvidia Corp. | 0.20% | 9,307 | $1.1M | Add +8.4% |
| XLY SS Consumer Disc Select Sect | 0.18% | 5,110 | $1.0M | Add +9.0% |
| FDN First Trust DJ Internet Ind | 0.17% | 4,670 | $989K | No change |
| XLC SS Comm Select Sector SPDR | 0.17% | 10,566 | $955K | Add +22.9% |
| LMBS First Trust Low Duration Opp | 0.16% | 19,014 | $939K | Reduce -42.1% |
| WM Waste Management Inc. | 0.16% | 4,384 | $910K | No change |
| EPI Wisdomtree India Earnings | 0.14% | 16,054 | $810K | New |
| XLE SS Energy Select Sector | 0.14% | 9,039 | $794K | Add +31.3% |
| XLV SS Health Care Select Sector | 0.13% | 4,785 | $737K | Add +23.9% |
| GOOG Alphabet Inc. Class C | 0.12% | 4,073 | $681K | Add +1.8% |
| SCHX Schwab US Large-Cap ETF | 0.11% | 9,261 | $628K | Reduce -25.4% |
| ABT Abbott Laboratories | 0.11% | 5,403 | $616K | Reduce -74.5% |
| IVW iShares S&P 500 Growth ETF | 0.10% | 5,815 | $557K | Reduce -9.3% |
| BSV Vanguard Short-Term Bond ETF | 0.09% | 6,865 | $540K | Reduce -63.4% |
| PG The Procter & Gamble Co. | 0.09% | 3,038 | $526K | Add +1.2% |
| AFL Aflac Inc. | 0.09% | 4,651 | $520K | Reduce -1.3% |
Portfolio Sells Q2 2024 → Q3 2024
| SCHA Schwab US Small-Cap ETF | Reduce -95.2% | 0.08% | −1.67 |
| IGSB iShares 1-5Y Inv Grade Corp. | Reduce -21.3% | 1.15% | −0.46 |
| SOXX iShares Semiconductor ETF | Reduce -0.1% | 1.82% | −0.39 |
| SPMB SS SPDR P Mort Back Bond ETF | Reduce -48.4% | 0.31% | −0.35 |
| ABT Abbott Laboratories | Reduce -74.5% | 0.11% | −0.33 |
| AVGO Broadcom Inc. | Reduce -3.8% | 3.12% | −0.30 |
| VOO Vanguard S&P 500 ETF | Reduce -52.2% | 0.20% | −0.25 |
| TRI Thomson Reuters Corp. | Reduce -0.9% | 1.83% | −0.24 |
| FTSM First Trust Enh Short Mat FD | Reduce -45.2% | 0.22% | −0.23 |
| GOVT iShares US Treasury Bond ETF | Reduce -17.4% | 0.64% | −0.21 |
| IVV iShares Core S&P 500 ETF | Reduce -30.6% | 0.37% | −0.20 |
| BSV Vanguard Short-Term Bond ETF | Reduce -63.4% | 0.09% | −0.19 |
| LMBS First Trust Low Duration Opp | Reduce -42.1% | 0.16% | −0.15 |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | Reduce -63.9% | 0.06% | −0.13 |
| VGSH Vanguard Short-Term Treasury | Reduce -7.2% | 0.59% | −0.12 |
| SCHF Schwab Intl Equity ETF | Reduce -1.7% | 1.53% | −0.12 |
| ESGE iShares Inc. iShares ESG Awar | Sold out | 0.00% | −0.10 |
| SDOG Alps Sector Dividend Dogs | Reduce -8.5% | 0.85% | −0.09 |
| BIV Vanguard Intermediate-Term B | Reduce -68.7% | 0.04% | −0.09 |
| IEI iShares 3-7 Year Treasury Bo | Reduce -8.5% | 0.41% | −0.08 |
| MBB iShares MBS ETF | Reduce -61.3% | 0.04% | −0.08 |
| FNDC Schwab Fndmnt Intl SM Eq ETF | Sold out | 0.00% | −0.07 |
| IEMG iShares Core MSCI Emerging | Sold out | 0.00% | −0.06 |
| JNK SS SPDR BB High Yield Bond | Sold out | 0.00% | −0.06 |
| TFLO iShares Treasury Floating Ra | Sold out | 0.00% | −0.06 |
| SCHD Schwab US DVD Equity ETF | Reduce -6.5% | 0.53% | −0.06 |
| SPEM State Street SP PTF Em ETF | Sold out | 0.00% | −0.06 |
| BSMV Invesco Bulletshares 2031 MB | Reduce -50.2% | 0.05% | −0.06 |
| HEFA Isha Curr Hedged MSCI Eafe | Sold out | 0.00% | −0.06 |
| DIS The Walt Disney Co. | Sold out | 0.00% | −0.05 |
| SCHX Schwab US Large-Cap ETF | Reduce -25.4% | 0.11% | −0.05 |
| QUAL iShares MSCI USA Quality Fac | Sold out | 0.00% | −0.05 |
| TLT iShares 20+ Year Treasury BD | Sold out | 0.00% | −0.04 |
| DBEF Xtrackers MSCI Eafe Hedged E | Reduce -44.0% | 0.04% | −0.04 |
| ADBE Adobe Inc. | Sold out | 0.00% | −0.04 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -46.9% | 0.04% | −0.04 |
| IJR iShares Core S&P Small-Cap E | Reduce -46.7% | 0.04% | −0.03 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -43.5% | 0.04% | −0.03 |
| DES Wisdomtree US Smallcap Divid | Reduce -26.1% | 0.07% | −0.03 |
| IVW iShares S&P 500 Growth ETF | Reduce -9.3% | 0.10% | −0.02 |
| PAYX Paychex Inc. | Reduce -1.8% | 0.85% | −0.02 |
| VNQ Vanguard Real Estate ETF | Reduce -29.4% | 0.04% | −0.01 |
| SHM SS SPDR N Ice St Muni ETF | Reduce -7.3% | 0.06% | −0.01 |
| DVY iShares Select Dividend ETF | Reduce -0.1% | 0.05% | −0.00 |
| AFL Aflac Inc. | Reduce -1.3% | 0.09% | +0.01 |
| UL Unilever PLC | Reduce -1.4% | 0.87% | +0.02 |
| WMT Walmart Inc. | Reduce -0.2% | 1.43% | +0.07 |
Portfolio Buys Q2 2024 → Q3 2024
| BSCT Invesco Bulletshares 2029 CB | Add +189.8% | 2.24% | +1.39 |
| BSCV Invesco Bulletshares 2031 CB | Add +166.0% | 2.32% | +1.38 |
| SDVY First Trust Smid Cap Rising | New | 1.33% | +1.33 |
| FTSL First Trust Senior Loan ETF | Add +593.0% | 1.12% | +0.93 |
| HYDB iShares High Yield Systemati | Add +217.2% | 1.19% | +0.78 |
| OEF iShares S&P 100 ETF | Add +252.8% | 0.62% | +0.43 |
| PEG Public Service Enterprise GP | Add +46.6% | 1.05% | +0.38 |
| DHI D.R. Horton Inc. | Add +2.3% | 1.48% | +0.27 |
| IBM Intl Business Machines Corp. | Add +11.7% | 1.05% | +0.22 |
| VTI VG Morningstar TS MKT ETF-US | Add +26.0% | 1.03% | +0.15 |
| IWP iShares Russell Mid-Cap Grow | Add +67.8% | 0.41% | +0.15 |
| EPI Wisdomtree India Earnings | New | 0.14% | +0.14 |
| ING ING Groep N.V.-Sponsored ADR | Add +23.3% | 0.92% | +0.12 |
| UNH Unitedhealth Group Inc. | Add +7.4% | 1.43% | +0.12 |
| NOC Northrop Grumman Corp. | Add +0.8% | 1.58% | +0.11 |
| ACN Accenture PLC Class A | Add +8.7% | 1.07% | +0.11 |
| WAT Waters Corp. | Add +3.4% | 0.94% | +0.11 |
| FNF Fidelity National Financial | Add +0.7% | 0.82% | +0.09 |
| HD Home Depot Inc. | Add +3.3% | 1.25% | +0.08 |
| GILD Gilead Sciences Inc. | Add +3.2% | 0.81% | +0.08 |
| ARES Ares Management Corp. Class A | Add +1.2% | 1.90% | +0.08 |
| IQLT iShares MSCI International Q | Add +13.9% | 1.25% | +0.08 |
| XLK SS Technology Select Sector | Add +28.8% | 0.65% | +0.08 |
| IGIB iShares 5-10Y Inv Grade Corp. | Add +61.8% | 0.22% | +0.07 |
| CAT Caterpillar Inc. | Add +1.2% | 1.56% | +0.07 |
| GIS General Mills Inc. | Add +3.4% | 1.17% | +0.07 |
| SNY Sanofi-ADR | Add +5.5% | 0.66% | +0.06 |
| ITB iShares U.S. Home Constructi | New | 0.06% | +0.06 |
| XLI SS Industrial Select Sector | Add +30.3% | 0.28% | +0.06 |
| ABBV Abbvie Inc. | Add +1.7% | 1.79% | +0.06 |
| IEFA iShares Core MSCI Eafe ETF | Add +16.9% | 0.55% | +0.05 |
| FNDX Schwab Fndmntl US LRG Co. ETF | New | 0.05% | +0.05 |
| XLF SS Financial Select Sector | Add +27.8% | 0.27% | +0.05 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | New | 0.05% | +0.05 |
| LMT Lockheed Martin Corp. | Add +4.4% | 0.37% | +0.05 |
| MA Mastercard Inc. Class A | Add +4.8% | 1.12% | +0.04 |
| SPGI S&P Global Inc. | Add +1.7% | 0.95% | +0.04 |
| JNJ Johnson & Johnson | New | 0.04% | +0.04 |
| DE Deere & Co. | Add +4.2% | 1.15% | +0.03 |
| SO The Southern Co. | Add +0.0% | 1.14% | +0.03 |
| XLC SS Comm Select Sector SPDR | Add +22.9% | 0.17% | +0.02 |
| XLV SS Health Care Select Sector | Add +23.9% | 0.13% | +0.02 |
| XLE SS Energy Select Sector | Add +31.3% | 0.14% | +0.01 |
| XLY SS Consumer Disc Select Sect | Add +9.0% | 0.18% | +0.01 |
| ORLY O'reilly Automotive Inc. | Add +4.9% | 0.96% | +0.01 |
| META Meta Platforms Inc. Class A | Add +17.2% | 0.06% | +0.01 |
| PEY Invesco High Yield Equity Di | Add +2.1% | 1.35% | +0.01 |
| LAMR Lamar Advertising Co. Class A | Add +2.0% | 1.34% | +0.01 |
| XLB SS Materials Select Sector | Add +19.9% | 0.06% | +0.01 |
| PGR Progressive Corp. | Add +3.2% | 0.07% | +0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 152 | $807.6M | SOXX, XFIV, BSCV, BSCU, HYDB |
| Q1 2026 | 143 | $729.8M | BSCV, HYDB, FTSL, XFIV, BSCU |
| Q4 2025 | 138 | $719.9M | BSCV, FTSL, AVGO, HYDB, BSCT |
| Q3 2025 | 134 | $679.2M | AVGO, BSCV, BSCT, FTSL, MSFT |
| Q2 2025 | 127 | $644.6M | AVGO, BSCV, BSCT, MSFT, FTSL |
| Q1 2025 | 120 | $604.3M | BSCT, BSCV, AAPL, AVGO, FTSL |
| Q4 2024 | 118 | $599.1M | AVGO, BSCV, BSCT, AAPL, MSFT |
| Q3 2024 | 125 | $577.7M | AVGO, AAPL, MSFT, BSCV, BSCT |
| Q2 2024 | 130 | $509.7M | AVGO, MSFT, AAPL, COST, IJH |
| Q1 2024 | 131 | $466.5M | MSFT, TAP, AVGO, AAPL, IJH |